STORY OF THE WEEK
Serbia to attract more international investors

Story of the week

06
Dec
2018

Serbia to attract more international investors

by Property Forum
Market players are optimistic of the future of the SEE property market, according to the speakers of Balkans Property Forum 2018, co-organized by Property Forum and RICS in Belgrade, which brought together more than 150 industry experts.
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Investment

06
Dec
2018

REICO buys Ostrava shopping centre

by Property Forum
Meyer Bergman, an investment manager specialized in urban mixed-use real estate, has sold Forum Nová Karolina shopping centre in Ostrava, Czech Republic to REICO, Česká spořitelna's real estate fund manager. Cushman & Wakefield advised Meyer Bergman on the disposal of Forum Nová Karolina.
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P3 acquires 16 ha site for new park in Bucharest Helaba finances Atrium’s €170 million Warsaw acquisition Skanska sells Katowice buildings to Philippine investor

Office

06
Dec
2018

Erste Group to invest €25 million in Belgrade project

by Property Forum
Erste Group has laid the cornerstone of the second phase of the Sirius Offices business complex in Belgrade which will include the construction of 12,500 square metres of space over eight floors and a parking lot for 200 vehicles. Erste plans to invest €25 million in the second phase of the project. The building will be completed by the middle of 2020.
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EIB invests in Szczecin mixed-use complex Bulgaria's BREF receives permit for Sofia office building BNP Paribas Real Estate to lease Kraków office building

Retail

06
Dec
2018

NEPI Rockcastle opens Shopping City Satu Mare

by Property Forum
After an investment of €40 million, NEPI Rockcastle opened Shopping City Satu Mare, which hosts 85 stores, including the first Carrefour hypermarket in the city.
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Polish brands take Romania’s retail market New retail park to open in Ploiesti in Q1 2019 E-commerce to reach ‘point of maturity’ in 2025

Career

06
Dec
2018

C&W partners with global innovation platform

by Property Forum
Cushman & Wakefield announced its partnership with Plug and Play, a global innovation and startup accelerator platform. Cushman & Wakefield joins as a founding anchor partner for the Plug and Play Real Estate & Construction vertical.
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JLL enters the residential market in Poland Colliers to offer new service for investors in CEE CBRE Hungary favours RICS accreditation

Industrial

06
Dec
2018

Prologis commits to address climate change

by Property Forum
Prologis has committed to a science-based target (SBT) to address the urgent action needed to curb climate change. Led by the Science Based Targets Initiative (SBTi), SBTs are an internationally recognized approach for helping companies create science-based goals for reducing GHG emissions.
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CTP hits 5 million sqm milestone in CEE Poland’s warehouse market to grow by 2 million sqm Prologis Park Wrocław V under further development

Report

06
Dec
2018

South Africans remain the largest investors in Romania

by Property Forum
Deals of over €4 billion have been signed during the last five years on the Romanian real estate market, with the most active buyers being investors from South Africa, with a market share of 28%, followed by Greek investors (14%), French (10%) and Romanians (7%), according to an analysis by Cushman & Wakefield Echinox.
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Shortage of prime product remains the big challenge How to use an office for employer branding Talent and connectivity are the keys to a new location

Interview

03
Dec
2018

What’s next for the SEE property market?

by Property Forum
On 4 December 2018, Balkans Property Forum 2018, a conference and networking event for real estate professionals from all over Southeastern Europe will be held in Belgrade. Over 100 guests will come together in the Serbian capital to discuss key issues and explore the latest trends influencing the future of the real estate industry. Key speaker of the event, co-organized by Property Forum and RICS, answered questions about the local real estate market.
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Investors are more willing to take risks but they still need insurance Location in retail is more important than ever Investors open up towards student housing

Hotel

03
Dec
2018

New Radisson Collection hotel to open in Budapest

by Property Forum
The Radisson Hotel Group announced the signing of a new property to Radisson Collection in Budapest, Hungary. With 71 guest rooms and suites, a first-class fitness center, restaurant, lobby bar and a further rooftop bar the hotel will open in mid-2020.
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New ibis hotel in Bucharest to open in Q3 2020 Hostel chain a&o to enter Budapest NYX Hotel to open at Varso Place

Residential

28
Nov
2018

Garanti Bank finances Timisoara project with €5.8 million

by Property Forum
Romanian developer Wallberg has secured a €5.8 million loan from Garanti Bank to finance the development of the XCity Towers project in Timisoara. XCity Towers it will be built in several stages, with a total of 955 apartments in 8 buildings. The total value of the project will exceed €62 million, of which the first stage will amount to €36 million.
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Golub GetHouse builds for students in Kraków Living in Prague is becoming more expensive than in Bratislava Cordia to invest €50 million in Romanian projects next year

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